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  1. First round of local elections leave Greek politics finely balanced
    Photo by MacroPolis

    PoliticsGreek Politics

    that Greek politics is heading in. SYRIZA’s pulled off surprising results in Athens but made little... held off conservative hopeful Yiannis Ioannidis. In Piraeus, another key municipality, New

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  2. Eurobank records net loss of 207.4 mln in Q1

    EconomyBanking

    Eurobank kicked off Greek banks’ Q1 results releases posting a net loss of 207.4 million euros in Q1 2014 from 913.1 in Q4 2013. The lower loss reflects an improvement in pre-provision income (PPI... negative one-off items, which shank to 18 million in Q1 from 575 million in Q4. The bank consolidated

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  3. Greek coalition overcomes concerns about "small PPC"

    PoliticsGreek Politics

    Corporation (PPC) in the form of a smaller spin-off. Adopting the so-called “small PPC law” is one... that it would renationalise the part of the power company that is due to be sold off. It is certain, though

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  4. Bid to form alliance for PPC referendum tests SYRIZA's political mettle
    Photo by MacroPolis

    PoliticsGreek Politics

    if they fail to find the votes they need now but it will be difficult to fend off the jibes from... the legislation for the PPC sell off. As it tries to create connections at the societal, not just political

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  5. Public deficit and democratic duty

    Agora

    that is polished off and tossed to the public from time to time. This time it is claims of an unpublished... rates, staving off a financial assistance program. Lastly, to put the blame for Greece’s 2009 deficit

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  6. Return of coastal bill may give SYRIZA new chance to build support
    Photo by Harry van Versendaal

    PoliticsGreek Politics

    . This is in contrast to the PPC stand-off, where SYRIZA stood side-by-side with the electricity workers’ union (GENOP... bill is connected to the Hellenic Republic Asset Development Fund’s (HRADF) efforts to sell off

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  7. Don't let the facts get in the way of "Argentinology"
    Photo by Quim Pagans via Flickr

    Agora

    for one. This heavily restricts the money supply. The money press was essentially switched off... protests, Argentina announced on January 6 the abandonment of convertibility. Cut off from international

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  8. National Bank reports 1.15 bln H1 profit on back of 1 bln deferred tax
    Photo by MacroPolis

    EconomyBanking

    on August 28. This year’s results include one-off items of 1.04 billion euros largely due... that the remaining off-balance sheet DTA stands at 1.2 billion euros, implying there is further room

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  9. Piraeus Bank reports net profit of 164.3 mln in Q2
    Photo by MacroPolis

    EconomyBanking

    Piraeus Bank reported net profit of 164.3 million euros in Q2 from a loss of 246.6 million in Q1. This quarter’s profitability benefitted from two one-off items: The first relates to the recognition... one-off items), pre-provision income rose 17 percent quarter on quarter (QoQ) to 294.9 million, while

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  10. How many NPLs in the Greek banking sector are also non-recoverable loans ?
    Photo by MacroPolis

    Agora

    down, or even worse, having to write off Greek banks’ investments in their troubled loan portfolio is a high-risk strategy. Any write-off would severely impact on domestic lenders’ quarterly profit

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